Indo Farm Equipment (NSE:INDOFARM) Quick Ratio: 1.75 (As of Mar. 2026) — 133% Above Median


NSE:INDOFARM Indo Farm Equipment Ltd NSE:INDOFARM
36 GF Score
Price ₹145.94
! 4 Warning Signs
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What is Indo Farm Equipment Quick Ratio?

Indo Farm Equipment NSE:INDOFARM -0.13% 36 Quick Ratio is 1.75 as of Mar. 2026, which is 133% above its 10-year median of 0.75. GuruFocus rates NSE:INDOFARM with a GF Score™ of 36/100. The stock has 4 warning signs investors should review. Among 211 Farm & Heavy Construction Machinery companies, Indo Farm Equipment ranks better than 72.99% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Indo Farm Equipment's quick ratio for the quarter that ended in Mar. 2026 was 1.75.

Indo Farm Equipment has a quick ratio of 1.75. It generally indicates good short-term financial strength.

The historical rank and industry rank for Indo Farm Equipment's Quick Ratio or its related term are showing as below:

NSE:INDOFARM' s Quick Ratio Range Over the Past 10 Years
Min: 0.67   Med: 0.75   Max: 1.75
Current: 1.75

During the past 6 years, Indo Farm Equipment's highest Quick Ratio was 1.75. The lowest was 0.67. And the median was 0.75.

NSE:INDOFARM's Quick Ratio is ranked better than
72.99% of 211 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.17 vs NSE:INDOFARM: 1.75

Indo Farm Equipment  (NSE:INDOFARM) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Indo Farm Equipment Quick Ratio Related Terms


Indo Farm Equipment Quick Ratio Historical Data

* Premium members only.

The historical data trend for Indo Farm Equipment's Quick Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Indo Farm Equipment Quick Ratio Chart

Indo Farm Equipment Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial 0.67 0.68 0.80 1.75 1.75

Indo Farm Equipment Quarterly Data
Mar21 Mar22 Mar23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.75 0.00 1.67 0.00 1.75

NSE:INDOFARM vs CAT, DE, PCAR: Quick Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Indo Farm Equipment's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Indo Farm Equipment Quick Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Indo Farm Equipment's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Indo Farm Equipment's Quick Ratio falls into.


NSE:INDOFARM
36GF Score
Indo Farm Equipment Ltd NSE:INDOFARM
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Indo Farm Equipment Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Indo Farm Equipment's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Quick Ratio (A: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(4436.683-1791.247)/1513.589
=1.75

Indo Farm Equipment's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(4436.683-1791.247)/1513.589
=1.75

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 1.75 mean?
Indo Farm Equipment (NSE:INDOFARM) has a Quick Ratio of 1.75 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Indo Farm Equipment and its competitors. This is 133% above median its historical median of 0.75. Over the past decade, Indo Farm Equipment's Quick Ratio has ranged from 0.67 to 1.75. According to the industry distribution chart, Indo Farm Equipment ranks #57 out of 211 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 27%.
Is Indo Farm Equipment's Quick Ratio too high?
Indo Farm Equipment's current Quick Ratio of 1.75 is 133% above median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 1.75. The Farm & Heavy Construction Machinery industry median Quick Ratio is 1.17. Indo Farm Equipment's value of 1.75 is 49.6% above this industry median. Based on the distribution chart, Indo Farm Equipment ranks #57 out of 211 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Indo Farm Equipment has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Indo Farm Equipment's Quick Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Indo Farm Equipment ranks #57 out of 211 companies for Quick Ratio. This puts Indo Farm Equipment in the upper half of its industry. The industry median Quick Ratio is 1.17. Indo Farm Equipment's value of 1.75 is 49.6% above this benchmark. Historically, Indo Farm Equipment's own Quick Ratio has ranged from 0.67 to 1.75 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 1.17, Indo Farm Equipment has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Farm & Heavy Construction Machinery company?
The median Quick Ratio among Farm & Heavy Construction Machinery companies is 1.17, based on 211 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Indo Farm Equipment's current Quick Ratio of 1.75 is 49.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Indo Farm Equipment and its competitors. For the Farm & Heavy Construction Machinery industry, the median Quick Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo Farm Equipment's current Quick Ratio is 1.75, which is 133% above median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Farm Equipment stock overvalued right now?
Indo Farm Equipment (NSE:INDOFARM) has a current Quick Ratio of 1.75. The current Quick Ratio is 1.75, which is 133% above median its 10-year median of 0.75 and 49.6% above the Farm & Heavy Construction Machinery industry median of 1.17. Indo Farm Equipment's overall GF Score™ is 36/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Indo Farm Equipment (NSE:INDOFARM), the current Quick Ratio is 1.75 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Indo Farm Equipment Business Description

Other Exchanges 544328:India
Address Export Promotion Industrial Park, Phase-II, District Solan, Baddi, HP, IND, 173 205
Indo Farm Equipment Ltd is a fully integrated established manufacturer of Tractors and Pick & Carry Cranes. It also deals in other farm equipment such as Harvester Combines, Rotavators, and other related spares & components. Its facilities are equipped with induction furnaces, pneumatic molding machines, automatic molding line, a sand plant, a fully equipped Metallurgy and Sand Testing Laboratory, a Machining Center, a Gear Shop, a Press Shop, Fabrication Shop, Paint Shop, Assembly unit, Quality Room & Utility room.
36GF Score

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